Updated: Tuesday, 24 May 2011, 3:16 PM EDT
Published : Tuesday, 24 May 2011, 2:54 PM EDT
By WAYNE PARRY | AP
ATLANTIC CITY, N.J. (AP) - Internet gambling is the future of the casino industry, whether it is approved at the federal or state level, a panel of online and brick-and-mortar casino executives said Tuesday.
A New Jersey lawmaker predicted there will be a ballot question next year asking his state's residents whether to amend the state Constitution to allow Internet gambling.
Speaking at the East Coast Gaming Congress, executives from two online betting organizations and Caesars Entertainment said the Internet provides the gambling industry its best opportunity for growth. But the prospect of a federal law permitting it appears dim in light of recent federal raids on online gambling sites.
Richard Bronson, chairman of U.S. Digital Gaming, predicts individual states will approve online gambling soon.
Copyright Associated Press, Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Published : Tuesday, 24 May 2011, 2:54 PM EDT
By WAYNE PARRY | AP
ATLANTIC CITY, N.J. (AP) - Internet gambling is the future of the casino industry, whether it is approved at the federal or state level, a panel of online and brick-and-mortar casino executives said Tuesday.
A New Jersey lawmaker predicted there will be a ballot question next year asking his state's residents whether to amend the state Constitution to allow Internet gambling.
Speaking at the East Coast Gaming Congress, executives from two online betting organizations and Caesars Entertainment said the Internet provides the gambling industry its best opportunity for growth. But the prospect of a federal law permitting it appears dim in light of recent federal raids on online gambling sites.
Richard Bronson, chairman of U.S. Digital Gaming, predicts individual states will approve online gambling soon.
Copyright Associated Press, Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
